The article points out the importance of cooperation between market and state during transition of the economy of raw materials export into economy of innovative development model. Today innovations are the main factor of the country’s competitiveness rise on international markets. Small and middle businesses are necessary systemic parts of market economy. Development of small and middle businesses is one of the main factors in innovative renewal of the country, which will allow Russian economy to reach the new level and become competitive. That is why the strategy of social and economic development of the country should be based on the innovative character of its economic development., financial and institutional support of small and middle businesses.
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